Last week, Oct. 12, the OECD emitted 17 key recommendations to improve the regulatory framework of Mexico’s energy sector. These recommendations were directed towards the operation of the three Mexican regulatory agencies in the energy sector; the National Hydrocarbons Commission (CNH), the Energy Regulatory Commission (CRE) and the Agency for Safety, Energy and the Environment […]Continue Reading →
Pemex’ Salina Cruz refinery continued its suspension of activities after the earthquake of Sept. 7, according to the NOC. In order to guarantee safety at the plant two new turbo generators are to be integrated to the plant. The Salina Cruz refinery has a capacity to process 330,000 barrels of crude per day.
Fishermen […]Continue Reading →
Cheiron and DEA Deutche Erdoel were winners during the second phase of PEMEX’s farmouts for the onshore fields of Cardenas-Mora and Ogarrio, respectively, held Wednesday Oct. 4. Egyptian Cheiron Holdings Limited won the bidding for the Cardenas- Mora fields with a bid including additional royalties of 13% and a down payment of US$41.5 million. […]Continue Reading →
As the oil and gas community came together for the British Chamber’s flagship Energy Day #EnergyDay2017 event on Tuesday, participants expressed cautious optimism regarding the political risk posed by the 2018 elections. During the event, which was held under Chatham House Rules prohibiting the disclosure of the names of information sources, speakers and conference […]Continue Reading →